Union Street Correlations

USPFX Fund

USD 34.59 0.03 0.09%

The current 90-days correlation between Union Street Partners and Arrow Managed Futures is 0.43 (i.e., Very weak diversification). The correlation of Union Street is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Union Street Correlation With Market

Almost no diversification

The correlation between Union Street Partners and DJI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Union Street Partners and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Street Partners. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Union Mutual Fund

1.0	USPCX	Union Street Partners	Pair Corr
1.0	USPVX	Union Street Partners	Pair Corr
0.94	VVIAX	Vanguard Value Index	Pair Corr
0.93	AWSHX	Washington Mutual	Pair Corr
0.93	WSHCX	Washington Mutual	Pair Corr
0.93	WSHFX	Washington Mutual	Pair Corr
0.93	FWWMX	American Funds Washington	Pair Corr
0.93	FWMMX	American Funds Washington	Pair Corr
0.97	DODGX	Dodge Stock Fund	Pair Corr
0.92	AMFFX	American Mutual	Pair Corr
0.92	AMFCX	American Mutual	Pair Corr
0.88	VSTSX	Vanguard Total Stock	Pair Corr
0.87	VSMPX	Vanguard Total Stock	Pair Corr
0.87	VITSX	Vanguard Total Stock	Pair Corr
0.85	VFFSX	Vanguard 500 Index	Pair Corr
0.85	VFIAX	Vanguard 500 Index	Pair Corr
0.88	VTSAX	Vanguard Total Stock	Pair Corr
0.88	VTSNX	Vanguard Total Inter	Pair Corr
0.87	VTISX	Vanguard Total Inter	Pair Corr
0.88	VTPSX	Vanguard Total Inter	Pair Corr
0.85	VINIX	Vanguard Institutional	Pair Corr
0.86	FTCCX	Franklin Conservative	Pair Corr
0.9	OBSOX	Oberweis Small Cap	Pair Corr
0.82	VTIUX	Voya Target Retirement	Pair Corr
0.88	SUMAX	Stet Short Duration	Pair Corr
0.77	FQLAX	Franklin Louisiana Tax	Pair Corr
0.94	VYSVX	Vericimetry Small Cap	Pair Corr
0.61	ARYMX	Global Real Estate	Pair Corr
0.91	FGFCX	Federated International	Pair Corr
0.9	FCLSX	Fidelity Flex Freedom	Pair Corr
0.92	TRBOX	T Rowe Price	Pair Corr
0.9	PFRIX	Prudential Floating Rate	Pair Corr
0.92	JACSX	Jpmorgan Smartretirement	Pair Corr
0.91	RQEAX	Resq Dynamic Allocation	Pair Corr
0.81	PEIFX	Pimco Rae Fundamental	Pair Corr
0.94	IPEIX	Voya Large Cap	Pair Corr
0.7	MKNJX	Blackrock New Jersey	Pair Corr

Moving against Union Mutual Fund

0.51

AMRMX

American Mutual

Pair Corr

Related Correlations Analysis

	AMFAX	NIFAX	ABNOX	LFTAX	ANBIX	BPRIX	MFTFX
AMFAX		-0.01	0.71	0.94	0.71	0.58	0.99	AMFAX
NIFAX	-0.01		0.42	-0.01	0.41	0.64	-0.04	NIFAX
ABNOX	0.71	0.42		0.72	0.95	0.8	0.69	ABNOX
LFTAX	0.94	-0.01	0.72		0.73	0.6	0.93	LFTAX
ANBIX	0.71	0.41	0.95	0.73		0.76	0.7	ANBIX
BPRIX	0.58	0.64	0.8	0.6	0.76		0.55	BPRIX
MFTFX	0.99	-0.04	0.69	0.93	0.7	0.55		MFTFX
	AMFAX	NIFAX	ABNOX	LFTAX	ANBIX	BPRIX	MFTFX

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

MFTFX	+ 0.99	AMFAX
ANBIX	+ 0.95	ABNOX
LFTAX	+ 0.94	AMFAX
MFTFX	+ 0.93	LFTAX
BPRIX	+ 0.8	ABNOX
BPRIX	+ 0.76	ANBIX

High negative correlations

MFTFX	- 0.04	NIFAX
LFTAX	- 0.01	NIFAX
NIFAX	- 0.01	AMFAX

Risk-Adjusted Indicators

There is a big difference between Union Mutual Fund performing well and Union Street Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Union Street's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AMFAX	0.64	0.09	0.10	0.17	0.64	(0.71)	1.21	(1.19)	3.65
NIFAX	0.13	(0.02)	0.00	(0.27)	0.00	0.00	0.22	(0.22)	0.67
ABNOX	0.08	0.00	(0.29)	(0.31)	0.01	(0.11)	0.19	(0.10)	0.39
LFTAX	0.46	0.12	0.11	0.47	0.53	(0.51)	1.01	(0.67)	1.98
ANBIX	0.08	0.00	(0.32)	(0.18)	0.03	(0.11)	0.19	(0.10)	0.38
BPRIX	0.13	(0.01)	(0.18)	(0.09)	0.17	(0.16)	0.20	(0.31)	0.92
MFTFX	1.08	0.14	0.09	0.17	1.23	(1.17)	2.06	(2.15)	5.99

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC